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Report overview
The global Smart Wearable Equipment market was valued at US$ 22740 million in 2022 and is projected to reach US$ 28640 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Smart Wearables are some devices that are worn or attached to a user's body while on use. Important features of the device include real-time fitness monitoring, heart-rate monitoring, sleep statistics, counts the amount of calorie burnt and taken, gym training, monitoring and tracking daily activity of a user to provide valuable health insights. This device is used in various sports such as golf, football, basketball, tennis, and skiing and snowboarding, etc.
This report aims to provide a comprehensive presentation of the global market for Smart Wearable Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Wearable Equipment. This report contains market size and forecasts of Smart Wearable Equipment in global, including the following market information:
Global Consumer Smart Wearables key players include Fitbit, Xiaomi, Apple, Garmin, Samsung, etc. Global top five manufacturers hold a share over 50%.
China is the largest market, with a share about 65%, followed by Japan, and North America, both have a share over 10 percent.
In terms of product, Smart Watches is the largest segment, with a share over 40%. And in terms of application, the largest application is Infotainment, followed by Fitness and Wellness.
We surveyed the Smart Wearable Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Wearable Equipment Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Smart Wearable Equipment Market Segment Percentages, by Type, 2022 (%)
Global Smart Wearable Equipment Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Smart Wearable Equipment Market Segment Percentages, by Application, 2022 (%)
Global Smart Wearable Equipment Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Smart Wearable Equipment Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart Wearable Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Smart Wearable Equipment revenues share in global market, 2022 (%)
Key companies Smart Wearable Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Smart Wearable Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: